Reorganization in the Netherlands: a practical Q&A
1. When can you dismiss staff as part of a reorganization? If your business is facing financial difficulties or other
1. When can you dismiss staff as part of a reorganization? If your business is facing financial difficulties or other
1. Declaration of Applicability First, the general terms and conditions must be declared applicable. This declaration must be made before
We previously wrote about how to start a legal entity; https://www.ten-law.org/knowledge/ten-qa-on-company-law-in-europe-netherlands/ But there may also be reasons to terminate your
Statute of limitation means that a legal claim is no longer enforceable in court after a certain period of time
What are the different types of (court) procedure in case of a commercial dispute in the Netherlands? An amicable solution
If you lend money to someone, you want them to pay it back. You also want them to do so
What does a debt collection process in the Netherlands look like? The debt collection process can be divided into three phases. 1:
Tax Authorities, special deferment of payment Any business that has run into difficulties may apply in writing to the Tax
Why has the short-time working scheme (in Dutch ‘Wtv) been discontinued as a measure? The outbreak of the corona virus
This publication proceeds on the assumption of a sort of typical situation. Because, however, no two situations are exactly alike,
1. What types of company can be formed in the Netherlands? The following are recognised as legal forms of company
It is now clear that the compensation scheme will definitively take effect from 1 April 2020. Reason therefore to discuss
What is franchising? Everyone knows more or less what is meant by franchising. Usually it concerns a specific formula, such
1. What types of employment contract are recognised in the Netherlands? The following types of employment contract are recognised in
Because of its membership in TEN, the Dutch member firm of TEN Advocaten was asked by an client to represent
Having used the internet to search for a smaller Dutch firm with expertise in international law, a new client from
An existing Dutch client of TEN Advocaten that has a factory in the Netherlands, ordered a machinery production line from
1. How can we divorce in the Netherlands and where? Three possibilities exist: – divorce; the marriage is dissolved; –
1: When are you declared bankrupt? Answer: In the Netherlands, bankruptcy is declared if the debtor is in the position
Information about bankruptcies can be found in the Central Insolvency Register (http://insolventies.rechtspraak.nl/). If the bankrupt is a company, bankruptcy reports
When a debtor fails to pay invoices, or commits an act on the bases of which damages can be claimed,
As of 1 December 1998, the Dutch Bankruptcy Act contains a debt rescheduling scheme for natural persons. Section 284 of
In case of a suspension of payments a debtor is given temporary relief against its creditors. The objective of the
1.1 Opening of the proceeding Bankruptcy can be petitioned for by one or more of the creditors of the debtor
Business Many steps must be taken to start a business in the Netherlands. There are a lot of different entities,
The Netherlands have a Rhineland culture. From a legal perspective it means that in general disputes are very often handled
In the Netherlands a new law came into force: the Act of Work and Sureness (WWZ). The first amendments of
Governing bodies abhor it because some troublemakers (in the opinion of the public administration) merrily abuse the opportunities offered by
At present, the European countries each apply their own national rules regarding inheritance law. That will change from 17 August
While the distribution agreement offers an excellent vehicle for doing business, this form of contract has not been regulated under
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